UK Services PMI accelerates, Manufacturing PMI declines
Bailey’s dampens rate cut expectations
The British pound is steady on Friday, after posting gains of 1.1% a day...
XAU/USD is strongly bullish as the DXY crashed after the FOMC.
Taking out the resistance levels may announce further growth towards the median line.
The BOE...
The Fed’s minutes failed to change expectations of looming rate cuts.
Bank of England Governor Bailey highlighted the risks of sustained inflation growth.
Markets are pricing...
Data revealing the sharpest drop in UK construction activity since 2020.
The Bank of England is nearing the end of its tightening cycle.
Recent strength in...
Fixed mortgage rates could surge higher in the coming week after Government of Canada bond yields—which lead fixed mortgage rates—shot up to a 16-year-high....